Energy Update
This week the New Jersey Board of Public Utilities (NJBPU) announced it has selected Ocean Wind 2, an offshore wind energy project proposed by Ørsted, for a 20-year Offshore Renewable Energy Credit (OREC) award at the $84.03 price from the State’s second competitive solicitation for offshore wind energy. The NJBPU also awarded Atlantic Shores Offshore Wind a contract to develop 1,510-MW of offshore wind energy capacity.
Ocean Wind 2
This week Marin Clean Energy (MCE) a community choice aggregator in California announced the launch of two new programs, Community Solar Connection and Green Access, aimed at energy equity and affordability. MCE will be offering qualifying customers living in a designated disadvantaged community access to 100% renewable energy and a 20% discount on their electricity bills for up to 20 years.
New rules give developers a longer window during which to complete projects in order to qualify for tax credits on projects.
On Tuesday, the Treasury Department and the Internal Revenue Service (IRS) issued guidance that extends safe harbor provisions for renewable energy projects in order to address impacts from the COVID pandemic.
The revisions, which are retroactive, do the following:
(Thu, 01 Jul 2021) U.S. coal production during the first quarter of 2021 totaled 140.3 million short tons (MMst), which was 4.5% higher than the previous quarter and 5.9% lower than the first quarter of 2020. First-quarter 2021 U.S. coal exports (20.7 MMst) increased 8.6% from the fourth-quarter 2020 level and increased 3.6% from the first-quarter 2020 level. U.S. coal imports in the first quarter of 2021 totaled 1.1 MMst.<br>
Climate-tech start-up Electric Frog Company announced this week that it has provided free use of a Nissan LEAF electric vehicle (EV) to the Burrillville Wastewater Treatment Facility in Rhode Island, in a first use of a customer vehicle to support the New England electric grid.
The Mayor of Rockford, Ill., this week joined community solar provider Nexamp and ComEd to launch Give-A-Ray, a new 15-year program to provide solar energy benefits and savings to low and moderate income customers in Rockford and the surrounding area for free. With the help of local support services, including the Rockford Housing Authority, outreach to potential participants is underway.
Fossil fuel companies lied for decades about climate change, and humanity is paying the price. Shouldn’t those lies be central to the public narrative?
By Mark Hertsgaard
Every person on Earth today is living in a crime scene.
The 16-GW Baihetan hydropower plant on the upstream branch of China’s Yangtze River has begun generating electricity for the first time, according to China’s state broadcaster CCTV.
CCTV reported that the project’s first two 1-GW turbines will start up after a three-day trial. The project will eventually consist of 16 such units, making its total generation capacity second only to the 22.4-GW Three Gorges Dam once it is fully completed in July 2022.
(Sponsored Content)
Executive interview with Eric Dresselhuys, CEO of ESS Inc.
When Eric Dresselhuys got a call from the board of directors at ESS earlier this spring asking him to come on as Chief Executive Officer of the company that provides an Iron Flow Battery (IFB) for long-duration storage, he didn’t hesitate.
“It was a pretty easy yes,” he said in an interview.
By Sarah Casey, Portfolio Director, Climate Council
Pages
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